Long

LINK → The potential is at +100%. Waiting for a breakout

enters a new range, after updating the local maximum, against the background of the general market correction, the coin is declining. Support retest is possible.

The resistance at 18.320 plays a key role for the coin. A false breakout and correction is forming. A quick retest of the resistance or a pre-breakdown consolidation will hint that the market is ready to go higher. Now we should wait for a flat support retest and watch the price reaction to this area. A false breakout followed by price consolidation above this area will be a signal for buyers.

Resistance levels: 18.320, 0.618 Fibo (D1)
Support levels: 13.328, 16.60

The fundamentals are quite strong. The bulls need to consolidate above the key zone to make important decisions. The coin has a potential of +100%

Regards R. Linda!

RLinda

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.